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20121201
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it may look in a couple of years thanks to the people's republic of china, which has agreed to bankroll one of the biggest and most ambitious developments in the bay area. >> we are going to see a new san francisco neighborhood. >> reporter: with towers as high as 40 stories and parks and business space it's to be the home for about 18 to 20,000 people. it's going to mean two new bridge ramps and ferry service to san francisco. >> it will really be one of the landmarks in san francisco. >> reporter: making this landmark a reality, however, meant going to china for the estimated $700 million. and that means we are going to see another first. >> the china development bank is requiring that a chinese construction company be given the first right to negotiate a general contract agreement. >> reporter: in other words, not only will the chinese government finance the deal, they are going to build it, as well. and the construction unions are going along because it's going to mean thousands of jobs and because the chinese have agreed to hire locally. >> we're very disappointed that we had to go
deliveries. it is nice to see that they're doing good. >> let's talk about china. they passed a japan and we have a prediction--2030 is a new year that is out by independent study. they are continuing to grow and this research stated that russia will probably weigh but china will grow. they stated that american will remain the worldwide leader because we found ways to get oil. some of your money has to go to the international market. i like china as a long-term player. >> $50 million for a pepsi commercial. this is a smart mold for her.move for her. beys a big deal with them. they're all advertising rebel, a toyota and their advertising by using musicians. they are supporting the artist. >> the company that sells soda support-- >> on to bay area traffic. >> we start with a live look in the city on our roof top camera. this is on van ness ave. this is beautiful blue skies and there's no clouds in the sky. we will see a another day of gorgeous weather with a loss of sunshine and it will be a chilly start for us. by this afternoon it will be mild. some places may get close to 70 degrees. today
another fell into the east china sea. and a thirst part fell into the pacific ocean -- a third part fell into the pacific ocean east of the philippines. >>> millionaire fugitive john mcafee is released from a detention center. he was taken into custody last week after sneaking into guatemala from belize where he is wanted in connection with a murder. a guatemalan judge gave mcafee 10 days to get his immigration situation order is out. >> hope he is writing a book while he is going through all this. >> so bizarre. >> i would read it. strange, strange. >>> how about some traffic now at 6:14? liz, it's all yours. >> thank you. let's go towards the bay bridge. we are just getting word of a new accident just past the pay gates. the metering lights are on. so you can see delays now as far back as probably towards the 880 overcrossing now. and then we also have that accident past the toll plaza so delays towards treasure island up the incline. they are working to clear it but we have a good sized wait toward san francisco from the east bay. elsewhere speaking of the east bay, let's check the sa
of the conference in due by. this group is worried that russia, china and other middle eastern countries will be pushing for tighter web restrictions. >>> nasa is expected to give an update on the mission to mars later today. this will be happening in san francisco at the annual fall meeting at the annual geo goes physical meeting -- geophysical meeting. they will be given the mars rover update. >>> nine minutes before 8:00, a new multi-million dollar sports complex could be coming to san rafael. more on deet is -- more on the decision the city council faces tonight. >>> and also the mayor of detroit is in san francisco. he's settling a bet. what he will be doing today more than a months after the giants win the world series. (car horn) paying with your smartphone instead of cash... (phone rings) that's a step forward. with chase quickpay, you can send money directly to anyone's checking account. i guess he's a kicker... again, again! oh, no you don't! take a step forward and chase what matters. >>> the fate of a multi-million dollar soccer complex in san rafael may be decide. after seve
tougher sanctions on north korea but without support from china, options could be limited. this is video from overnight of the celebrations in north korea after the successful rocket launch. many countries believe it is north korea's way of testing its long-range ballistic missile technology. of course, the united states is very concerned about north korea's weapons capabilities this year. robert gates said north korea was within five years of being able to strike the continental united states. the white house condemns the missil launch calling it a highly provocative act that could impact stability in the region. alison burns, ktvu channel 2 news. >>> pope benedict really 16 is now part of the -- pope benedict is now part of the twitter nation. he already has more than 1 million followers who will read miss messages in english, arabic, polish and four other languages. >>> 8:16. pavi shankar has died at the age of 92. boy. he was good. he was known as the good father the world music. in fact -- known as the godfather of world music. in fact, the beatles gave him that name. he continued t
Search Results 0 to 4 of about 5